How are you all? I hope everyone is doing well, so today I will talk about an important topic, Cryptocurrency has been declared illegal in many countries of the world, Why many countries of the world cannot tolerate Cryptocurrency, Cryptocurrency can basically be called a decentralized currency, And there is no problem of any kind of limitation in transacting this currency and anyone who wants this currency can transact without keeping their identity hidden, and some unscrupulous people are using it for very bad purposes by taking advantage of this facility, so the governments of different countries have been forced to ban this coin, so today we will know how it is used for bad purposes,
since Cryptocurrency can be transacted anonymously, so it is used on various Dark Webs, it is also used for various types of bad purposes such as gambling money laundering, and in this the users keep their identities hidden, the government cannot find out their information even if they want,
We all know that every bank in the world has a limitation, for example, you cannot transact more than that limitation even if you want, many times some unscrupulous people use it for bad purposes Using it for work,
For example, if a person from a country commits corruption, steals a large amount of money and thinks that he will leave the country, now if the amount of money is huge, then even if he wants, he will never be able to transact through the bank because bank limitations can be transacted, so he can easily buy unlimited Crypto Currency if he wants and he can transact it anywhere in the world if he wants,
Exactly like this, he can launder money and leave the country,
Especially because of these bad aspects, the governments of different countries have declared Crypto Currency illegal in their countries,
I hope everyone understands, so I am ending here today, everyone be well,
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